New Delhi, India and Ecuador are exploring a preferential trade deal to boost economic ties, besides shoring up cooperation in healthcare, agriculture, and digital technology.
External Affairs Minister S Jaishankar and his Ecuadorian counterpart Gabriela Sommerfeld Rosero focused on ways to solidify bilateral relations during their talks this week.
The two-day visit of Foreign Minister Sommerfeld marked a 'new chapter' in strengthening ties between the two nations, with agreements on cooperation in multiple areas, including healthcare, trade, and digital technology.
India will provide up to ₹12 crore in grant assistance to Ecuador over five years for socio-economic development projects, while discussions also focused on scaling up Indian pharmaceutical exports and supply chain partnerships for critical minerals.
The two leaders also agreed to advance bilateral health cooperation, including the recognition of Indian Pharmacopoeia and an MoU on health cooperation between the two countries.
